Call reports 2008
ATLANTIC COMMUNITY BANKERS BANK — 2008
What ATLANTIC COMMUNITY BANKERS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 493,815,000 | 492,630,000 | 496,674,000 | 580,933,000 |
| Total loans | 304,541,000 | 313,548,000 | 343,490,000 | 387,026,000 |
| Allowance for loan losses | 6,868,000 | 6,840,000 | 7,419,000 | 9,379,000 |
| Securities available for sale | 50,691,000 | 59,160,000 | 60,103,000 | 48,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,253,000 | 86,866,000 | 71,775,000 | 130,801,000 |
| Interest-bearing deposits | 49,705,000 | 47,731,000 | 28,246,000 | 4,854,000 |
| Noninterest-bearing deposits | 34,548,000 | 39,135,000 | 43,529,000 | 125,947,000 |
| Equity capital | 48,109,000 | 48,590,000 | 49,563,000 | 49,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,083,000 | 11,754,000 | 17,735,000 | 23,525,000 |
| Interest expense | 2,818,000 | 4,678,000 | 6,557,000 | 7,561,000 |
| Net interest income | 3,265,000 | 7,076,000 | 11,178,000 | 15,964,000 |
| Noninterest income | 1,362,000 | 2,621,000 | 4,225,000 | 6,071,000 |
| Noninterest expense | 2,863,000 | 5,804,000 | 8,921,000 | 13,446,000 |
| Provision for loan losses | 604,000 | 1,541,000 | 2,785,000 | 5,569,000 |
| Pretax income | 1,178,000 | 2,370,000 | 3,715,000 | 3,038,000 |
| Income tax | 368,000 | 785,000 | 1,206,000 | 1,030,000 |
| Net income | 810,000 | 1,585,000 | 2,509,000 | 2,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,868,000 | 48,824,000 | 50,228,000 | 49,468,000 |
| Total capital | 52,706,000 | 53,898,000 | 55,511,000 | 54,594,000 |
| Risk-weighted assets | 385,029,000 | 404,180,000 | 420,515,000 | 405,829,000 |